Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Section 16 of the Companies Act grants the Central Government, through the Regional Director (RD), the power to rectify a company's name. Subsection (1) allows rectification if the name resembles or is identical to an existing company. The RD can issue directions for a name change suo motu u/s 16(1)(a). However, the RD's jurisdiction differs from a civil court's authority in trademark disputes. The RD cannot determine ownership or similarity of marks as in a passing off action. In this case, the parties claimed ownership over the 'Panchhi' mark and were involved in intellectual property disputes. The Impugned Order by the RD erroneously adjudicated ownership of the mark, exceeding its jurisdiction u/s 16. The RD cannot undertake an examination of marks or decide ownership in a name rectification application where contentions are disputed. The Impugned Order is set aside.
Section 16 of the Companies Act grants the Central Government, through the Regional Director (RD), the power to rectify a company's name. Subsection (1) allows rectification if the name resembles or is identical to an existing company. The RD can issue directions for a name change suo motu u/s 16(1)(a). However, the RD's jurisdiction differs from a civil court's authority in trademark disputes. The RD cannot determine ownership or similarity of marks as in a passing off action. In this case, the parties claimed ownership over the 'Panchhi' mark and were involved in intellectual property disputes. The Impugned Order by the RD erroneously adjudicated ownership of the mark, exceeding its jurisdiction u/s 16. The RD cannot undertake an examination of marks or decide ownership in a name rectification application where contentions are disputed. The Impugned Order is set aside.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
